Are you an analyst researching about an FM company – A typical UK FM Market Question ? We have many analyst members …
Are you an analyst researching about an FM company – A typical UK FM Market Question ? Read More »
The UK facilities Management comprises of a wide range of players that offer services across various sectors and the key players offer services utilizing their size & scale. So, the average contract value and duration is varied based on the sector, service provided and the type of sector. Overall, FM providers have secured various contracts with an average total contract value TCV of ~£10.9Mn and an average contract duration of 3.9 years.
As global concerned about the COVID-19 outbreak and still dealing with it, we’re doing our best to keep everyone healthy and safe in the workplace while also minimizing the disruptions to our day-to-day operations. Still, dealing with the challenges of it. As workplaces prepared to reopen there was requirements make the buildings covid-19 safe, with demand for screens, hand cleansing stations etc.
Key challenges are that Cleaning services are highly impacted as FM companies have started building capabilities to avoid infection at client sites. Not only this, There is a decline in profits for FM players .
The Cleaning Services spends circa ~£21.3 Bn in terms of Total Contract Value (TCV), accounting for 18.3% of the total UK FM Market.
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UK retail sector is the single largest private sector in UK, with 1 in 10 people working in retail. The national wide lockdowns last year resulted in majority of physical shops being shut for number of weeks, impacting physical retail sales and few of the trends emerged during those times are digitisation- such as e-commerce services and shift towards sustainability.
The Retail sector spends circa ~£4.6Bn, in which Soft FM acounts of services contracted with TCV of ~£2.5Bn (54%), followed by Hard FM with ~£1.2Bn (25.1%) and Integrated FM with ~£0.4Bn (9.3%) according to database value of Dec 2020.
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With enough budget and resources, entering and winning awards should be a part of your overall business cycle. It is also an excellent way to increase the credibility of your brand and get some positive publicity for your company. Making a perfect award entry can be stressful but by providing a compelling to the judges, you can easily increase the likelihood of being shortlisted.
When it comes to business, familiarity works in a simple way. Do you know where your FM revenue is going to …
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The facilities management industry has grown dramatically over the past twenty years, owing to the continuous growth in urbanization and …
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There are a range of pricing strategies that can be utilised within FM contracts. A single contract, particularly for multiple FM services, may well incorporate different pricing strategies for different services to best meet the client’s price objectives.
